I tend to be far too alliteration happy sometimes, and it’s probably a good thing I didn’t title my speech as I did this blog post. But it was exactly my message to the industry leaders of the Women in Logistics and Transport forum during a keynote address at their Annual General Meeting last week – that leveraging on location will be a big game-changer for economic growth in Sri Lanka, and the key to that is the logistics and transport industry. I argued that,
[…] overwhelmingly, the investors we meet say that Sri Lanka’s location and access to big markets like India, Pakistan, and eventually China, is a key attraction in their decision to invest here reiterates the case for focussing on our trade, investment and logistics policies.
I highlighted some recent growth and industry statistics; and spoke about the role logistics and transport will play in truly achieving regional hub status and becoming a serious player in commerce in the region; the need to focus more strongly on the aviation sector (and air connectivity) to boost passenger and cargo flows; the need to attract more women into the L&T sector (currently at an abysmal 2.9% of total employment in the sector).
In the speech I mentioned results of a new survey conducted by us at the Chamber EIU which demonstrated that prospective investors consider Sri Lanka’s geographical location and access to regional markets are key attractions in investing here. See the one-pager on the results here.
The slides of the keynote are below. For the full text of the speech, browse the embedded doc below or click here.
And here’s some press coverage around it:
Dailymirror – ‘Country location key to spur growth: economist’
Daily FT – ‘Logistics and transport to shape new Sri Lankan economy’
The Island – ‘Women representation in logistics as low as 2%’